FGF - FG Financial sets up reinsurance sidecar

• FG Financial ( NASDAQ: FGF ) said Wednesday its reinsurance unit FG Reinsurance formed a reinsurance sidecar , FG Re Investors I, to provide collateralized capacity to support its growing reinsurance portfolio.
• The reinsurance sidecar was set up to raise third-party investor capital to fund its business activities.
• "This structure enables us to source a new revenue stream from the fee income that we will earn utilizing our existing reinsurance platform," said FG Financial ( FGF ) chairman Kyle Cerminara.
• Compare key stats of the reinsurer and its peers .

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